Liberia: Sudden Closure of Accounts, A Pattern At Gt Bank?

Monrovia — Guaranty Trust Bank (GT Bank) is coming under the spotlight for questionable closure of accounts once owners of such accounts have legal wrangling with the Government causing the government to request a stay order on the further withdrawals from said account.

The case of Mr. Charles Sirleaf, former Deputy Governor of the Central Bank for Operations who recently complained that US$700,000 and L$10 million had disappeared from his accounts with GT Bank seems to be a sequel of the experience of Mr. Chris Onanuga, CEO of CT.COM

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.